ASX Share rice
Sat 15 Aug 2020 - 05:51:pm (Sydney)

MIN Share Price

MINERAL RESOURCES LIMITEDMINMaterials

MIN Company Information

Name:

Mineral Resources Limited

Sector:

Basic Materials

Industry:

Other Industrial Metals & Mining

GIC Industry:

Metals & Mining

GIC Sub Industry:

Diversified Metals & Mining

Address:

1 Sleat Road Applecross Australia 6153

Phone:

61 8 9329 3600

Full Time Employees:

2646

MD & Director:

Mr. Christopher James Ellison

CFO, Company Sec. & Director:

Mr. Mark G. Wilson

COO & Director:

Mr. Mike Grey

Joint Company Sec.:

Mr. Derek Oelofse

Company Overview:

Mineral Resources Limited operates as a mining services and processing company in Australia, China, Singapore, and internationally. It operates through three segments: Mining Services and Processing, Mining, and Central. The company offers contract crushing, screening, and processing services on build-own-operate basis for mining companies; mine services, including materials handling, plant and equipment hire, plant and equipment maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services in the resources sector. It also manages the processing, production, logistics, ship loading, marketing, and export of resource products on behalf of tenement owners. In addition, the company has a portfolio of iron ore assets; and owns interests in the Mount Marion and Wodgina lithium projects located in Western Australia. The company was founded in 1993 and is based in Applecross, Australia.

MIN Share Price Information

Shares Issued:

188.47M

Market Capitalisation:

$5.26B

Dividend per Share:

$0.54

Ex Dividend Date:

2020-02-28

Dividend Yield:

1.94%

Revenue (TTM):

$1.95B

Revenue Per Share (TTM):

$10.37

Earnings per Share:

$5.499

Profit Margin:

0.5302

Operating Margin (TTM):

$0.22

Return On Assets (TTM):

$0.08

Return On Equity (TTM):

$0.60

Quarterly Revenue Growth (YOY):

0.778

Gross Profit(TTM):

$1.31B

Diluted Earnings Per Share (TTM):

$5.499

QuarterlyEarnings Growth(YOY):

64.286

MIN CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-840,376,000

Change To Liabilities:

$66.38M

Total Cashflow From Investing Activities:

$-840,376,000

Net Borrowings:

$791.98M

Net Income:

$163.67M

Total Cash From Operating Activities:

$186.10M

Depreciation:

$108.63M

Other Cashflow From Investing Activities:

$-10,000,000

Dividends Paid:

$-93,518,000

Change To Inventory:

$-73,902,000

Change To Account Receivables:

$-97,382,000

Sale Purchase Of Stock:

$-18,922,000

Capital Expenditures:

$810.15M

MIN Income Statement

Income Date:

2019-06-30

Income Before Tax:

$236.01M

Net Income:

$163.67M

Gross Profit:

$1.01B

Operating Income:

$87.78M

Other Operating Expenses:

$99.44M

Interest Expense:

$27.60M

Income Tax Expense:

$71.02M

Total Revenue:

$1.28B

Total Operating Expenses:

$0.92B

Cost Of Revenue:

$272.01M

MIN Balance Sheet

Balance Sheet Date:

2019-06-30

Intangible Assets:

$83.39M

Total Liabilities:

$1.78B

Total Stockholder Equity:

$1.36B

Other Current Liabilities:

$63.09M

Total Assets:

$3.16B

Common Stock:

$519.59M

Other Current Assets:

$6.01M

Retained Earnings:

$837.26M

Other Liabilities:

$274.55M

Good Will:

$1.42M

Other Assets:

$142.13M

Cash:

$265.40M

Total Current Liabilities:

$424.79M

Short-Term Debt:

$1.14M

Property - Plant & Equipment:

$1.71B

Net Tangible Assets:

$1.33B

Long-Term Investments:

$75.15M

Total Current Assets:

$1.21B

Long-Term Debt:

$0.98B

Net Receivables:

$171.66M

Short-Term Investments:

$1.95B

Inventory:

$180.13M

Accounts Payable:

$248.68M

Non Currrent Assets (Other):

$1.95B

Short-Term Investments:

$1.95

Non Current Liabilities Total:

$1.36B

MIN Share Price History

MIN News

08 Jun, 2020
Half Year 2020 Mineral Resources Ltd Earnings Call
11 May, 2020
How far off is Mineral Resources Limited (ASX:MIN) from its intrinsic value? Using the most recent financial data...
21 Apr, 2020
Could Mineral Resources Limited (ASX:MIN) be an attractive dividend share to own for the long haul? Investors are...
12 Mar, 2020
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Mineral Resources Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
10 Mar, 2020
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
27 Jan, 2020
Today we'll look at Mineral Resources Limited (ASX:MIN) and reflect on its potential as an investment. Specifically...
31 Dec, 2019
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
03 Dec, 2019
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at...
12 Nov, 2019
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Albemarle Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
08 Nov, 2019
Moody's Investors Service (Moody's) assigned Baa2 ratings to Albemarle's proposed $1.6 billion USD equivalent new debt financing, consisting of EUR notes to be issued by Albemarle New Holdings GmbH; notes to be issued by Albemarle Corporation; and notes to be issued by Albemarle Wodgina Pty Ltd. The debt issued by Albemarle New Holdings GmbH and Albemarle Wodgina Pty Ltd are unconditionally guaranteed by Albemarle Corporation. The size and tenor of debt issued by each of the aforementioned entities will depend on market demand.
04 Nov, 2019
Is Mineral Resources Limited (ASX:MIN) a good dividend stock? How can we tell? Dividend paying companies with growing...
31 Oct, 2019
Australia's Mineral Resources Ltd said on Friday its newly formed joint venture with Albemarle Corp had decided to pause operations at the Wodgina Project due to "challenging" lithium market conditions. Australian lithium producers had earlier this year flagged weak market conditions for the rest of 2019 amid reduced demand from Chinese customers after a change in the country's electric vehicle subsidies, and global trade tensions. Mineral Resources, which today concluded the sale of a 60% interest in Wodgina to Albemarle, said the transition to care and maintenance at the project would take about four weeks.
CHARLOTTE, N.C., Oct. 31, 2019 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today that it has closed its transaction with Mineral Resources Limited ("MRL") (MIN.AX) under the Asset Sale and Share Subscription Agreement that was entered into on December 14, 2018, and subsequently amended on August 1, 2019, and the MRL Kemerton Sale and Purchase Agreement that was entered into on August 1, 2019 ("Agreement"). The 60/40 joint venture between Albemarle and MRL, respectively, is named MARBL Lithium Joint Venture ("MARBL").
13 Oct, 2019
Mineral Resources Limited (ASX:MIN) shareholders might be concerned after seeing the share price drop 15% in the last...
26 Sep, 2019
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Mineral Resources...
07 Sep, 2019
The most recent earnings release Mineral Resources Limited's (ASX:MIN) announced in August 2019 showed that the...
Full Year 2019 Mineral Resources Ltd Earnings Call
23 Aug, 2019
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

MIN Dividend Payments

EX-Date Dividend Amount
2010-03-10$0.0640
2010-09-16$0.1360
2011-03-09$0.1500
2011-09-16$0.2700
2012-03-08$0.1600
2012-09-17$0.3000
2013-03-14$0.1600
2013-09-16$0.3200
2014-03-13$0.3000
2014-09-03$0.3200
2015-03-17$0.0750
2015-09-02$0.1500
2016-02-23$0.0850
2016-08-31$0.2100
2017-02-22$0.2100
2017-08-30$0.3300
2018-02-14$0.2500
2018-08-31$0.4000
2019-03-14$0.1300
2019-09-09$0.3100
2020-02-27$0.2300

MIN Dividends (last 11 Years)